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NC H645
Bill
Status
4/17/2023
Primary Sponsor
Terence Everitt
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AI Summary
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Authorizes local governments in North Carolina to adopt inclusionary zoning regulations to supplement the availability of affordable housing.
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Modifies G.S. 160D-702 to explicitly permit zoning regulations that provide for inclusionary zoning, subject to the same requirements and limitations as other zoning provisions.
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Appropriates $10,000,000 in recurring General Fund dollars to the North Carolina Housing Finance Agency for the 2023-2024 fiscal year to support the Workforce Housing Loan Program.
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Becomes effective July 1, 2023.
Legislative Description
Inclusionary Zoning/Workforce Housing Funds
Appropriations; Budgeting; Housing; Housing Finance Agency; Local Government; Planning & Zoning; Property; Public; Local Ordinan
Last Action
Ref To Com On Rules, Calendar, and Operations of the House
4/18/2023